Tesla is close to signing a deal to rent a new warehouse in Milton Keynes to boost sales of its electric cars in Britain. The electric-vehicle maker, headed by Elon Musk and founded in Silicon Valley’s Palo Alto in 2003, ...
UK-based electricity battery storage manufacturer, Powervault, has secured an investment of £3.8 million from climate change investors, including Green Angel Syndicate and its Climate Change Fund. The investment has triggered the conversion of £3.1 million in loan notes raised in ...
A sharp rise in bitcoin prices has pushed the cryptocurrency above $30,000 (£24,118) for the first time since 10 June last year, just before the Celsius crypto lending company froze withdrawals in the run-up to its collapse. Even given that ...
A fish and chip shop owner has served up his last scrapings more than 60 years after the business opened its doors. Dennis Jackson, a staple part of the community in Ilkeston, Derbyshire, since 1961, said the cost-of-living crisis was ...
Recession clouds are receding from the UK jobs market as companies gradually regain confidence about hiring workers following a batch of better than expected economic data since the turn of the year, new figures out today reveal. Firms are dipping ...
Global technology consultancy hedgehog lab has secured £6.3 million investment from BGF – one of the largest and most experienced growth capital investors in the UK and Ireland. As part of the multi-million-pound deal, the business has announced the acquisition ...
WASHINGTON – The International Monetary Fund warned on Tuesday that lurking financial system vulnerabilities could erupt into a new crisis and slam global growth this year, but urged member countries to keep tightening monetary policy to fight persistently high inflation. ...
LONDON – Wind and solar energy represented a record 12% of global electricity generation last year, up from 10% in 2021, a report on Wednesday found. The report by climate and energy independent think tank Ember said last year could ...
WASHINGTON – The World Bank is ready to do its part in rebuilding Ukraine after the devastation of Russia’s invasion, but international financial institutions cannot shoulder the sums involved alone and Western European countries will have to chip in, World ...
BERN – Switzerland’s parliament on Tuesday failed to approve the 109 billion Swiss francs ($120.5 billion) of financial guarantees used to rescue Credit Suisse last month, in a first-round vote that was largely symbolic given the state had committed the ...